QuoteOriginally posted by: ThinkDifferentQuoteOriginally posted by: katastrofaQuoteOriginally posted by: ThinkDifferentQuoteOriginally posted by: katastrofaQuoteOriginally posted by: ZhuLiAnI would say industry experience is more valuable than PhD for quant industry.Is that what people without PhD usually say?This is what people with a french fin. eng. degree usually say :)But to be fair, I've seen very decent senior quants in the industry who are not phds (heads of FO asset classes at big banks...and by the way, they are french with fin. eng. degrees
). However, I am yet to see a place where a non-PhD quant is more common than an exception.Having said that, does one really need an advanced degree in a hard science to become a good quant? the field (quant finance) is young and not really that deep, by any measure. All you need is a solid (MSc level) background in math, quant finance, and work experience. ...hell, PhD is not even a must to become an outstanding physicist/mathematician (ask Freeman Dyson!
).Maybe if you had a PhD, you wouldn't be fascinated with guys like Dyson :-)oohh. please. (your + my phd) * 1,000 < Dyson.unless you are thinking about this kind of PhDIf you did a PhD, I may probably grow one of these overnight... I'm off - enjoy watching Friends.